Topic: VeChain and the China Hustle (Read 22824 times)

I don't know but nobody can predict the future.
even though what you are saying is a fake volume but I think it really happened because now crypto is weak.
I don't care whether the top 50 coins in CMC are mostly from China, other countries should compete to make the project great.

Hopium: can we close $VET with a hammer on the daily, finding support above the 119 weekly resistance? Would be dope. Thanks!

When people say that VeChain is a scam, inactive or has no working products, you smile and ask for some other Coin in the entire market knows that it has the partnerships and agreements of the level of VeChain and, in addition to the link you have already posted, show him this
https://vechaininsider.com/partnerships/a-complete-list-of-vechain-partnerships/
in which you will realize the size and the thickness of VeChainThor ..... so maybe it will change your mind and you will also buy some Vet

DNV GL CEO Remi Eriksen confirms they are currently piloting blockchain solutions for quality assurance of fish, frozen food, vaccines, luxury goods and CO2 reduction.

Let's go VeChain!

When people say VeChain is inactive, is a scam, or has no working products, just have them view this link. Mainnet is taking off and only a fraction of it is token transfers.

https://explore.veforge.com/

Well even though I agree with you, we still need a lot more traffic on the blockchain. Only with a lot of traffic, VeChain can show its worth!

VeChainThor wallet v1.3.1 will be available today. You can transfer your Node status token to your Ledger address with the newly introduced "Instant Node Transfer" feature. VeForge Vault support is also available. Please read the instructions carefully.

https://t.co/LMyo50Jmry

Vechain is one of the best coins in the market. I think you need to have very strong arguments in order to be able to object. The infrastructure and team do not have that much intact coin too. Maximum 50.

It's becoming mind numbingly obvious how far ahead VeChain is from better-known coins in the market.  The bear has eliminated all competition.  2019 will reveal all.  If you don't understand by now, I can't help you see, and by the time you do, it will be too late.

Dear VeChain community. We, a team of enthusiasts, are pleased to inform you about our project https://vechats.info/ which logs all important telegram chats related to VeChain. We believe that VeChain Chats will be a valuable addition to the VeChain ecosystem. During the work of the site, we have already received a large number of positive feedback from community members. The project is under active development. The project has its own team of programmers, ready at any time to solve new technical problems and make new improvements.

What is implemented at the moment:
You can read your favorite chats in a convenient form for you through https://vechats.info/ The site is optimized for work also on mobile devices. There is a search by keyword and date. It is possible to read the chat you want in your native language using Google Translate. The translation is not perfect, but it will allow you to receive the latest news as quickly as possible from the first sources. For example, you can use our site to read Chinese, English, Korean and other versions of VeChain telegram chat.

In the near future, we plan to add the ability to share a specific telegram post in social networks. On the one hand, this will allow you to share interesting content with your friends and subscribers, and on the other hand, it will positively influence the development of VeChain’s popularity as a whole.

There is a lot of work ahead, we have planned a huge number of interesting and useful improvements. If you have any suggestions for improving our site, please write - we will try to take everything into account and use it in the further development of the site.

If you think that some important chat related to VeChain is missing on our site, please write and we will add it.

There is no doubt this will be one of the top 10 in to coming months and years , more and more company are adopting vechain. Mark Ong of SBTG, famous for customising shoes for the likes of Kobe Bryant and Linkin Park's Mark Shinoda, will be showcasing vechain authenticity technology at Street Superior's Brand Showcase in Singapore this weekend

Indeed, China's ambition is very high and this certainly makes it work hard and continues to be passionate so that what is desired is achieved. The treatment done has a good impact on them but this will be a competition for others.

true that, they want to be forefront of technology, the most widely use  method is selling empty idea. with little modification of other product and brand them as their own.

But in fact all the news and updates that I bring in this thread was to demonstrate the strength of the team and the bright future that will have VeChainThor in the space and in the market of cryptocurrency and blockchain.

Let's say that my interventions were aimed at dismantling OP's accusations in the opening message of the thread, but maybe I see that they are misunderstood so I think I will open a new thread in which to report the developments, agreements, partnerships and news concerning VeChain.

What it that magical word that you hear when you say "chinese", in most ads and virals aside from the talking cat and playing dogs or vice versa whatever. It's "business" dude. their in for the money of this economy so whether they can sell shit about technicalities by just knowing simple html codes they can sell if the business model is right.

Exactly they saw the opportunity and adoption rapidly. Chinese  are on the top on cryptocurrency mining since the beginning with companies like bitmain and bitwei. Also very interesting point to be observed is they have 12 block producer out of 21 of EOS blockchain too. Due to all this china have upper hand in terms of cryptocurrency dominance and other countries are lagging behind like USA. I think USA is politically very strong and there are several news roaming around the USA administration will utilise XRP to counter China's dominance.

I don't think multi billion dollar companies such as DNV-GL, PwC, BYD and PICC are dumb to work with a blockchain project which is no future or good solutions to address the existing issues in blockchain.

Therefore, I believe VeChain is legit project and it has been proved with the latest MoU regarding "DNV GL — VeChain Digital Low Carbon Ecosystem" which is signed parallel to Norway-China Business Summit 2018.

Here is the official announcement: https://medium.com/@vechainofficial/his-majesty-king-harald-v-and-her-majesty-queen-sonja-of-norway-witnessed-the-signing-ceremony-of-ef0657dd0ede

I can not know for sure if VeChainThor really becomes the world's leading blockchain solution provider, but I'm sure it will certainly be among the most used and used, and this will greatly increase both Ven and Thor's quotes.

In this article, the agreements and solutions that VeChain has developed so far have been very well covered.

https://cryptoglobalist.com/2018/10/06/reasons-why-vechain-vet-will-become-worlds-leading-enterprise-level-blockchain-solution-provider/

Here's a question - Lite and name on the Chinese stock exchange to buy? If not, the potential is huge in the case of the arrival of Chinese investors. And truth after all under this will be much easier and safer.

This news is not directly related to Bitcoin and cryptocurrencies, but may be another warning about radical changes in the global financial system, which may affect the violations already in their rules.

The founder of Alibaba and among the richest men in the world, Jack Ma, stressed the importance of blockchain, IA and IoT, which may have in some industries such as manufacturing (with a market of over $ 500B), bringing the evolution of society in a cleaner and greener direction.

So among the companies that move in this direction, he mentioned two crypts in particular: VeChainThor and Iota.

https://cryptoglobalist.com/2018/09/19/jack-mas-statement-a-strong-validation-for-iota-miota-vechain-vet/?amp

This article clearly explains how the automotive company BYD, the world's largest electric car manufacturer and partner of Vechain, has completed a new carbon banking solution for its cars, where all data will be transferred, archived, registered and made available on the VeChainThor blockchain.

https://medium.com/@vechainofficial/byd-one-of-the-largest-chinese-car-brands-and-worlds-top-selling-plug-in-electric-car-ab591f73237f

Finally, another agreement between PLAIR (first ICO on VeChain) and Axeso5 (the biggest video game publisher in Latin America, owner of over 7000 coffees); with this there will be other millions of transactions and data that will turn on the blockchain of VeChainThor, for whose use will be "burned" precisely Thor (the gasoline of the VET blockchain).

https://medium.com/plairlife/plair-and-axeso5-confirm-latin-america-partnership-8688f724bfb7

Every altcoins have their own pumping fund. And it is normal for the Chinese to enter the market. Their country is growing in terms of technology and a lot of talent. I always support NEO because in the future Chinese people will make it a lot better.

Partnerships are my best indicator if the project is e legitimate one or not. This big decrease in price suprises me however but it's one of those long term holds.

It's easy to talk about everyday life and uses, but difficult to translate into reality. Even the world's #1 crypto Bitcoin, which has by far the most real life usage and every day inclusion. How many people are actually using their Bitcoin for this? Hundreds of thousands maybe at best estimate, but that took 10 years of slow and constant silent growth, not big marketing hype.

Which is why coins and projects like Vechain will always struggle, cause they have to convince people, literally, to use them and not Bitcoin.

That is why the price is more than down and crashed right now, the same happens to neo, everybody lost the faith on those coins that is why it can not recover. But VeChain is at another level, that shitcoin is huge.

The strong coin will stay for a long time and the time will prove this. Although VeChain was trying to compete with the other coin, I guess that they need to works seriously with the project so they can prove to the public that they are a very good project. And there will be more new coins that will launch and every coin will say that they are the best and we can only follow their story and if necessary, we can take the benefits with them. I will wait for another good news, and if I see that VeChain is worth to invest, then I will buy VeChain.

Here is the 15-minute video in which Ted Danson of CNBC interviewed and chatted with Keving Feng, VeChain COO, on blockchain technology and how VeChain will bring this into everyday life and uses.

https://vimeo.com/291205220#t=853s

Well, the world is creating more and more new, the future is gradually coming, and I think on the basis of time will be invented more and more, everything depends on the self-core, on the development of the cryptocurrency.

Great news for VeChainThor again:
A new episode of Advancements with Ted Danson will be broadcast on Sunday, September 23rd 2018 at 3: 30p on CNBC.
In this episode Ted will talk about the importance of the blockchain that is used to counter the negative repercussions of a connected world, and obviously will talk about the blockchian of VeChainThor, a solid economic model of advanced IoT integration.

https://www.prweb.com/releases/advancements_series_hosted_by_ted_danson_to_broadcast_sunday_september_23rd_3_30p_on_cnbc/prweb15735576.htm

cant blame VET hodlers losing their confidence over VET. the Dev team being dodgy. Chinese like to  selling their wildest dream, without explaining much on the technical side.

The good news is that if this partnership goes well, the team's steps are unexpected and hopefully give the best for Vechain and China Hustel.
Don't value the negative aspects but look at the positive aspects.

The partnership is confirmed and is a bomb!
https://medium.com/@vechainofficial/byd-one-of-the-largest-chinese-car-brands-and-worlds-top-selling-plug-in-electric-car-ab591f73237f


Two more articles to learn more about another great partnership that has decided to move and work on the blockchain of VeChainThor, in the field of security and digital resources: Safe Haven.

https://medium.com/@safehavenio/safe-haven-foundation-is-crypto-asset-management-technology-infrastructure-builder-f4e564674b15

https://medium.com/@safehavenio/safe-haven-protecting-the-community-against-loss-2058121bc4a3

thanks, has BYD confirmed the partnership?

The trading of Vet on Bitfinex exchange has been active for some days; you can have it with the Btc, Eth and even $ pairs.

In the article below you can find the complete and continuously updated list of all the agreements and partnerships stipulated by VeChainThor to date, with an explanation of the related company.

http://vechaininsider.com/partnerships/a-complete-list-of-vechain-partnerships/

wow great, when is bitfinex to start VET trading?

Exactly, after BmW and Renault, VeChainThor will announce today a new partnership with another big automotive giant in the world conference in China on September 5th. some rumors say it could be a giant of the Chinese electric car .... almost certainly BYD, the world's leading producer of electric cars!




Edit: Hours 13.10 +2 Utc
news confirmed during the conference

Furthermore Vet addition on Bitfinex exchange

This is just another day in Vechain land! LOL! ...the price hardly moved when this was announced surprisingly. Vechain will be huge is the system works and there is adoption...there are a couple of meetings over the next few days 5th and 7th September...could be a bigger announcement in the works. Stay tuned!

Still a great partnership and alliance by VeChainThor with one of the largest insurance companies in the world, thus entering one of the largest and most promising sectors:

PICC with a turnover of $ 126 billion is choosing VeChainThor technology and blockchain, offering its customers the maximum benefits of VET's innovations and solutions.

https://medium.com/@vechainofficial/peoples-insurance-company-of-china-picc-one-of-the-largest-insurer-globally-with-126-billion-2570c60fd7c7

VeChain is a project that I've been following for a long time. They are innovative and don't afraid to do new things. Purpose of the project and parnerships are strong. They are the last project that can be a scam, don't be funny.

you are totally off-road friend; Easy earnings have long since ended up in this market and moreover Vet is perhaps one of the few coins to be preferred for a long time Ptf, and absolutely not for a day trader (which however I do not recommend on all coins if you are not absolutely expert).

These are just some of the partnerships and alliances VeChain has already signed up and which should make you reflect on the quality of the project and the team

but I think Ven is for day trader, for person who wants quick money. doesn't surprise like most of these coins do it will drop a little bit And still gain some more on the raise daily.

Here you find a large part of the answers to your questions and your doubts; in particular in point 8 you will find all the confirmed partnerships and the uses of VeChain

https://www.reddit.com/r/Vechain/wiki/index#wiki_8._future_users_and_partners




You can no longer have an X node; to have it you had had before March 31 600000 Vet (or 6000 Ven before the spit). It generates Vthor to a greater extent than the simple staking of 500,000 Vet, for example, but compared to the economic node of 1,000,000 Vet you have a privileged entry to participate in future ICOs on the VeChain blockchain, and other exclusive benefits that still need to be specified.

Meanwhile, today has been added to the exchange Huobi and continues the recovery, after the heavy losses of the last 2 weeks.

what is a purpose of an x-node in the vechain ecosystem? also how is an x-node different to a normal node?

Some counter fud I came across:

Vechain is ambitious but i have more faith in NEO due to the flaws in ethereum and NEO is a the most likely successor. Chinese coins are going to be pumped a lot at some point, not sure when as the government doesn't release news frequently. Hodl those coins and enjoy the long term gains

There's a lot of bs copy/paste fud going around about vechain. Most of it originating from 4chan. Who keeps pushing it? What's their agenda?

Vechain has some amazing partnerships signed. Partnerships are my best indicator if the project is e legitimate one or not. This big decrease in price suprises me however but it's one of those long term holds.

I think you're wrong ..... Binance exchange pays the new VTHO token, generated by VET, 1: 0.000432, on a monthly basis (similar to Neo / Gas) and not every week.
https://support.binance.com/hc/en-us/articles/360008868451

Two great news in the last 3 days from the VeChain team:

in collaboration with DNV GL, VeChain was tasked with achieving the traceability requirements of China by 2020, with an initial test in the city of Shanghai
https://medium.com/@vechainofficial/introducing-vechains-drug-and-vaccine-traceability-solution-c17fb869e003

VeChain also penetrates the Japanese market in the best way, becoming a partner for the 5G Open Partner Program launched by NTT Docomo, the largest telecommunications company in Japan (and among the largest in the world).
https://medium.com/@vechainofficial/vechain-is-chosen-for-the-ntt-docomo-5g-partner-program-3f89c8d95b40

This is true I might reconsider joining also Korean coins since they are more stable and the team members are always verified. There is also a little chance that they will scam others by their culture and  beliefs.

There was much more decline than the Vechain market. I think it will rise more like an arrow.

I do not argue with the fact that there is an opportunity to get money from investments. But this activity is more like Russian roulette, Because you can both lose and win.

2 weeks before their airdrop for VTHO, their price is going up. and after finish launching their mainnet and airdrop, of course the price is going down.
and it's going down a lot cause a market is going down too. not only for VETH but for other coins too.
Up and Down is a normal in this crypto world. you just enjoy the ride and take your opportunity to get your profit.

RESERVED

Binance are also paying VTHO for holding VET on their platform!! Weekly payouts!! This is going to be huge with real world application. Get ready to see vechain tech on lots of products in the future.

all these newbie accounts are on here to talk smack about a solid investment. I remember it was the same with dash (aka darkcoin) back in the day too..then dash was worth 2 usd only... not now...haha...laters newbies sock puppet cunts, i will take my VET today thank you

Lbank is the first exchange that shares and distributes to users Vthor (VTHO), token generated automatically by VET owners (new name of VEN) in the proportion of 1VET = 0.00043 VTHO ..... similar to the generation of GAS for owners of NEO.
https://twitter.com/bsc44_x/status/1021308320370417664

VTHO is the petrol that will serve to do any operation on the VeChain blockchain

i noticed it too, they got 1/4 of the market share now. They are also launching a lot of exchanges now in which they will probably have more than 50% of market share.

They might now be on BTC for now, but for sure tokens / coins adaption are surely spreading there.

Agree almost no project is solid, they just come for this hype, teams have no execution ability no vision. They most end up bad.

No one believes on VeChain anymore, that is why the price is more than down and crashed right now, the same happens to neo, everybody lost the faith on those coins that is why it can not recover. But VeChain is at another level, that shitcoin is huge

After Plair, Mustangchain, SafeHaven and Dbet who has migrated, there is a new and interesting Ico to be launched on the blockchain VeChain: Cahrenheit, founded and designed by Joe Lee, former founder of Kuaidi (Uber of China)

https://medium.com/@Cahrenheit/introducing-cahrenheit-cb017bf5dd6b

https://medium.com/@vechainofficial/announcing-cahrenheit-a-blockchain-based-ecosystem-for-the-automotive-industry-powered-by-the-f9d8b643c842

which would be the best Chinese ico, besides Neo?

VeChain will be among the most used blockchain in the crypto market!

Well you were warned 

For me very strange that China banned all ICO and still we have hundreds of Chinese ICO with smart contracts or blockchain infrastructure). And to be honest, IMHO vechain is not the best Chinese ICO.

Two really interesting articles by the same author:

The first is that it will be an extra coin when the market recovers, becoming much more interesting, thanks to its actions in the real world and its innumerable partnerships
https://medium.com/@jasonrockwood/hello-friends-7d99a8e48f76

the 2 says instead the cost is the price for the price of the latter the reason is going down, and finally explains, everyone, me and the fears, resolved in a few months, as soon as the mainet will be operational and VTHO will have a value and will be quoted in exchanges.
https://medium.com/@jasonrockwood/vechains-darkest-hour-is-just-before-dawn-1b0a0c080671

I think it's really normal cause China is the biggest country in this world and this country is also really interested in crypto world that why there are so many traders, investors and ICO projects come from this country . Beside China government also supports for these ICO projects a lot that why almost ICO project from China were very successful and get high rank on CMC .

NEO the best! 

Chinese stock exchanges have very little unreal volume. I hope ETF takes place and invests in institutional investors.

The whole market is falling sharply, so VeChain follows the rest.
You would have preferred to buy bitcoins at $ 1100 in December 2013 or $ 200- $ 300 in 2014; You'd rather buy VeChain at 7-8 $ 6 months ago or about 2 $ these days.

I do not rule out further rebates, due to the whole market, and a descent of up to 1 $ VeChain, but it will be just another opportunity to buy, and maybe build the first masternode, the one from 10000 .... it is one of the best coin out there and when he leaves the whole train you'll see him!

This China Hustle is falling apart.  It's going to get ugly by the end of the year

if you're not a technician and you have not read the VeChain code how can you say it's shit, and people spend money around unnecessarily?
I bet you have not read anything about the project, you do not know the real collaborations that VeChain has in the real world, you do not know that yesterday its mainet has started, you do not know its stepped system of masternode and x-node (10k, 50k , 150k and 250K), you do not know that soon will generate a new Coin, THOR, which will be used by companies for each transaction on its blockchain, etc. etc. etc.


Yes it is, as are all the crypto .... bitcoin in the first place


If you do so, I assure you that it will be the best way to reduce your Ven and lose money.

china is always ambitious about all the work that they will do. they want to be at the forefront and always want to dominate all areas, maybe they are all greedy and always can see opportunities related to money. so it is not surprising that one day top 10 coins in cmc will come from china.

it's smart people will lose to dodgy people and this has happened, I appreciate it but only for neo and not for idea or other coins.

Traders have profited lot from vechain so far https://www.coingecko.com/en/price_charts/vechain/usd

short term target. If you want some quick money Ven is good for day trader. It doesn't surprise like most of coins do it will drop a little bit and still gain some more on the raise daily.

but I like VeChain. I have invested in it for a long time and the project seems very interesting to me. The idea is cool and I hope that the team will get everything they planned

Isn't VeChain a POA rip off?

VeChain (@vechainofficial) mainnet has officially launched. The first block was successfully mined. Token Swap details: http://bit.ly/2tIDhOB 

To be fair there are CEO/President/Owner who may not be technically savvy but great managers (or just have lots of money). 

I say this w/o knowing who you are referring to so maybe I am off.

I wondered for SO long why nobody else said much about this! It is not just VeChain, it is other China projects like AAChain and what not. I hear their speeches, I see their news and ALL of it is absolute garbage and hype. I am not even very technical at all and already I can see the huge difference between say Ethereum and shit like Vechain.

All these people spend money going around talking about how great their product is. But they do not seem to understand one word of coding.

True.  They saw the opportunity and jumped on it.

Other countries need to compete.  One reason why I am embracing Korean coins too as part of my diversification.  However, I am guilty of holding Chinese coins as majority of my portfolio.

What the hell has happened to crypto?  If you look at the top 200 coins, like 50 of them are now Chinese whereas a year ago, you basically had NEO.  

And take a look at VeChain.  Nobody on their team can talk about anything technical.  Sunny Lu sounds almost as bad as Justin Sun.  He says they're written code for a blockchain from scratch but it looks like they ripped off large chunks of Ethereum and the whole EVM.  Also, most of the trading that has pumped prices for VeChain is fake volume on LBank.  Check CMC.